Content is worthless, it is publishing that counts
"based on a strikingly naive 60's-retro ideological view of how content intermediaries function"
I would be a lot more interested in his arguments if it wasn't for the fact that the music industry 'content publishers' in the UK (including the BBC) are currently engaged in a war of inflicting consecutive hit singles from reality-tv-docu-soap-gameshows on the nation.
Arnold argues that:
"in reality, the economics of content are that most of the value-added comes from the filtering process, not the creation process."